Debt & Deficits

How Far We Have to Go on Deficit Reduction

In the past few weeks, we have made the case for putting debt on a downward path as a percent of GDP as a goal for the next round of deficit...

Putting the Debt on a Downward Path

Yesterday, President Obama suggested we need about $1.5 trillion in deficit reduction on top of what has been enacted so far, a claim which matches a...

Make Your Own Deficit Reduction Plan!

All eyes are on Washington, as we see what the White House and the Congress agree on to avert the fiscal cliff and begin to tackle our debt. While we...

Myth Buster: Those Who Advocate for Deficit Reduction Should Love the Fiscal Cliff

In the first of our "Myth Buster" series this week, we take on the myth that those who advocate for deficit reduction should love the...

What Works and What Doesn't for Deficit Reduction

The IMF's most recent World Economic Outlook has a very helpful chapter looking at six case studies on countries who have dealt with a high debt...

Report: CBO’s Long-Term Budget Outlook

 Correction: This paper originally stated that the Social Security trust fund is projected to be exhausted in 2033. The combined Social Security...

When It Comes to Deficit Reduction, Timing Matters

The news that Britain has entered into a double-dip recession touched off a fierce debate last week over the role of austerity in the country's...

CBO’s Projections Show Need for Smart, “Go Big” Approach: Comparing Major Debt Reduction Plans

CRFB has published an updated version of this comparison chart on its blog, The Bottom Line.

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